Mexus Gold US (MXSG)

[A Dinosaur]

It's almost the equivalent of a BK except it doesn't wipe out current stockholders. Without the overhang of a couple million or so of debt accruing interest, any additional funds they raise can be used for drilling, leaching, etc. If those are the terms offered, I understand why they are necessary and will go along with them. The alternative would be to wait until the court ordered sales are complete and write off my total investment - stock as well as loans.

Dino